QAD DynaSys DSCP (Digital Supply Chain Planning) Achieves Veracode Verified Standard Status

Being part of Veracode Verified demonstrates a commitment to producing secure software

SANTA BARBARA, Calif.–(BUSINESS WIRE)–QAD DynaSys, a leading provider of digital supply chain planning solutions, announced today its continued participation in Veracode Verified, a program that validates a company’s secure software development processes, and that QAD DynaSys DSCP (Digital Supply Chain Planning) has achieved Veracode Verified Standard Status. QAD DynaSys is a division of QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB).

This achievement demonstrates QAD DynaSys’ commitment to creating secure software and that QAD DynaSys DSCP undergoes rigorous security testing as part of the development practice. Additionally, participating in the Veracode Verified program ensures that QAD DynaSys solutions meet a high standard of application security, reducing risk for the customer.

Organizations whose secure development practice has been validated and whose application has been accepted into the Standard Tier, have demonstrated that the following security steps have been implemented into their software development practice:

  • Assesses first-party code with static analysis
  • Documents that the application does not allow Very High flaws in first-party code
  • Provides developers with remediation guidance when new flaws are introduced

Since 1985, QAD DynaSys has helped businesses optimize their supply chains with an integrated and collaborative planning solution that includes Sales & Operations Planning (S&OP), Demand Planning, Supply Planning, Manufacturing Planning, Inventory Optimization, Demand Driven Material Requirements Planning (DDMRP), Financial Planning and Integrated Business Planning (IBP) – powered by Advanced Analytics and AI Machine Learning.

“It is paramount for our customers that their data is secure,” said QAD DynaSys VP R&D and Support Jean-Luc Rominger. “QAD DynaSys takes data security very seriously. Having our secure development process attested to by Veracode helps us reduce the risks associated with application vulnerabilities and is just one of the many ways that QAD DynaSys protects its customers’ data.”

About QAD DynaSys – Digital Supply Chain Planning Solutions

QAD DynaSys, a division of QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), provides Digital Supply Chain Planning solutions. Founded in 1985, QAD DynaSys provides an integrated and collaborative planning solution that allows businesses to optimize their supply chains, including sales and operations planning, demand planning, network and inventory and business resources optimizations. QAD DynaSys software enables customers and partners in the food and beverage, consumer packaged goods, life sciences, apparel, luxury, high tech, automotive, distribution and retail verticals to meet their goals of better managing Demand and Supply Chain Planning, and building the future of their supply chain.

For more information about QAD DynaSys, visit www.dys.com or email contact@dys.com.

Note to Investors: This press release contains certain forward-looking statements made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the company’s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company’s current expectations. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” “would,” “might,” “plan” and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company’s products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company’s latest Annual Report on Form 10-K and, in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.

Contacts

QAD DynaSys

Arnaud Hédoux

Marketing Director

+33 (0)3 88 19 14 14

contact@dys.com

QAD Inc.

Scott Matulis

Public Relations

818-451-8918

publicrelations@qad.com

Evan Quinn

Analyst Relations

617-869-7335

industryanalyst@qad.com